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Repo rate cut by 50 basis points

Industry News May 21, 2020

The South African Reserve Bank (SARB) has cut the Repurchase (repo) rate by 50 basis points. Effective 22 May 2020, the repo rate will be 3.75% per annum. SARB Governor Lesetja Kganyago made...

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Cape Business News, founded in 1980, is a specialist online platform that provides business readers with comprehensive news, with extensive coverage of general business trends, events, statistics, new products, services and projects.

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